1. Name of Commodity To some products, we should be cautious in selecting suitable names, either reducing customs duties, or saving freight While negotiations were underway in Geneva in 1947 to set up the original gatt, discussions were also being held in Western Europe to establish a customs union. For political reasons, this early attempt to put together a customs union failed, but the participants agreed to take advantage of the accords that had been reached to establish a standardized system(or nomenclature )for classifying goods for the purpose of Imposing customs duties1.Name of Commodity  To some products, we should be cautious in selecting suitable names,either reducing customs duties, or saving freight.  While negotiations were underway in Geneva in 1947 to set up the original GATT, discussions were also being held in Western Europe to establish a customs union. For political reasons, this early attempt to put together a customs union failed, but the participants agreed to take advantage of the accords that had been reached to establish a standardized system (or “nomenclature”)for classifying goods for the purpose of imposing customs duties